Inputs for the manufacture of iron and steel intermediates - Amendment to Notification No. 10/95-Cus.

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....section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 10/95-Customs, dated the 7th March, 1995, namely :- In the said notification, - (a) the words, ....

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....uch benefit shall be allowed against the said licence only if it bears endorsement of transferability by the Licencing Authority : Provided that endorsement of transferability shall not be made by the Licencing Authority before the obligation to supply iron and steel intermediates under the said licence has been fulfilled"; (c) In the Explanation, - (I) for clause (iii), the following shall be ....